Are home prices in the Memphis area recovering? Can we expect an uptrend in coming months and years? According to a Forbes-MSNBC piece Where Home Prices will Rise, Fall Most in ’11, Memphis ranks 4th among markets where prices will rise in 2011, with a projected 3.2% average year over year increase in property values. […]
America’s love affair with the house
Business Insider’s chart of the day shows that we have returned to home ownership levels of about a decade ago – a decade in real estate most defined by the housing bubble. Quoting from US Census data cited in the post: Read more: http://www.businessinsider.com/chart-of-the-day-american-dream-2011-1#comments#ixzz1CeVT3vLz Related articles What will it take for the real estate market to […]
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Memphis area home sales -December, 2010 and year end 2010
The Memphis Area Association of REALTORS® has released December, 2010 home sales stats for the Memphis area. December unit sales trailed 2009 sales by 22.6% with a total of 896 sales recorded. Sales for the entire year 2010 were off 9.7% from 2009, with a total of 13,711 properties sold. Average sales price edged […]
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